$3.8MM – Los Angeles, CA Transaction Highlights PACE LTV: 31.7% CLTV: 62% Capitalized interest period of 25 months Interest only period of 36 months 25 year amortization c-PACE: $3.8MM Location: Los Angeles, CA Type: New Construction building: Multifamily Term: 30 Years Status: Closed Project Description Bayview PACE provides $3.5 million in C-PACE financing for a…
Read MoreNewest application of innovative C-PACE financing utilized for senior housing at Hampton Manor-Taylor MI Coral Gables, FL (Sept. 19, 2024) – Bayview PACE today announced providing $4.3 million in innovative C-PACE financing for the 81-unit Hampton Manor-Taylor senior housing community in Taylor, MI. Project sponsor is Cape Coral, FL-based Build Senior Living,…
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$4.3MM • Taylor, MI Transaction Highlights PACE LTV: 16.7% CLTV: 61.9% Capitalized interest period of 17 months Interest only period of 24 months 17 year amortization c-PACE: $4.3MM Location: Taylor, MI Type: Refinance building: Senior Housing Term: 24 Years Status: Closed Project Description Bayview PACE provides $4.3 million in C-PACE financing for a senior living…
Read MoreNYC Program Releases Updates Just this week, New York City releases its C-PACE program guidelines. The guidelines are expected to pave the way for new construction and energy retrofits on thousands of NYC buildings. • New Construction and Major Renovations must be defined as a “Low Carbon Building” • C-PACE loans are capped at 30% of the total construction…
Read MoreInsights & Perspectives 08/07/24 By: Steve McGee | Rob McAdams With the higher interest rate environment constraining banks and seniors housing and healthcare borrowers alike, there may be value in knowing more about C-PACE. An acronym for commercial property-assessed clean energy, C-PACE is a financing structure that was created to encourage developers and owners to incorporate…
Read MoreBayview PACE provided $3.5 million in C-PACE financing for energy & resilience improvements for 17-year-old apartment/retail building in upstate New York. Demonstrating the retrofit feature of C-PACE funding, a 170-unit multi-family project completed in 2007 utilized the innovative finance tool for upgrading its energy/resiliency components Coral Gables, FL and Yonkers, NY (Aug. 16, 2024)…
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$3.5MM • Yonkers, NY Transaction Highlights PACE LTV: 6.3% CLTV: 84.6% Capitalized interest period of 17.25 months Interest only period of 24 months 17 year amortization c-PACE: $3.5MM Location: Yonkers, NY Type: Renovation building: Mixed Use / Multifamily Term: 20 Years Status: Closed Project Description Bayview PACE provided $3.5 million in C-PACE financing for energy…
Read MoreInnovative C-PACE Funding, Gaining Popularity Amid Tight U.S. Financing Market, Fills Key Role in New 324,500 Square-Foot Facility Consolidating 8 Master’s Locations. Coral Gables, FL and Kansas City, MO (July, 2024) – Bayview PACE today announced providing $20.5 million in C-PACE financing for construction of a $72 million, 324,000 square-foot headquarters and flex/industrial facility for…
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$20.1MM • Kansas City, MO Transaction Highlights PACE LTV: 28.8% CLTV: 73.4% Capitalized interest period of 29 months Interest only period of 12 months 17 year amortization c-PACE: $20.1MM Location: Kansas City, MO Type: New Construction building: Industrial Term: 20 Years Status: Closed Project Description Bayview PACE provides $20.1 million in C-PACE financing for construction…
Read MoreHudson NY Historic Mill Transformation Secures $7 Million C-PACE Financing from Bayview PACE. Bayview PACE is providing key C-PACE financing for the adaptive reuse of the historic Pocketbook Hudson project in Upstate NY Flexible, innovative C-PACE funding in combination with tax-credit and EB-5 financing backs adaptive re-use of historic mill into hotel/wellness/cultural enclave, a first…
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